ABS

The existing notes, known as non-standard debt and held by insurers, were swapped this month into newly issued commercial mortgage-backed securities in equal proportions.

The size of the debut deal, led by structuring advisors Morgan Stanley and Barclays Plc, hasn't been determined.

Western Benefits Group initiated contracts with student loan borrowers extracting monthly fees upfront, while claiming to negotiate debt consolidation through a supposed affiliation with the Department of Education, the CFPB said.

An independent third-party company will provide the primary servicing, and the industry and equipment diversification levels are strong in the pool.

The owner of brands such as Vitamin Shoppe and American Freight told investors revenue showed a double-digit drop from a year earlier. Franchise Group is planning to cut debt and exploring securitization within its Pet Supplies Plus business, the people said.

The concentration of borrowers with FICO scores below 700 decreased to 12.13% of the pool, and the contingent of managers and lead underwriters is much longer on the series 2024-A notes that it was on the series 2023-B.

The Japanese banking giant's sub foresees vibrant 2024 and expanding CLO interest from Asian investors.

Macro, credit and securitized products and equities will each contribute 25% to 30% of the growth, with the remaining 15% coming from wealth management.

The high-stakes legal showdown comes three years after President Joseph Biden signed an executive order encouraging the FTC to limit non-compete agreements, which affect roughly one in five Americans.

Bluegreen Vacation originated the loans and Fitch expressed confidence in its record of good performance as servicer.